Press Releases

End-to-End Capabilities Enable Customers to Achieve Digital
Differentiation, Cost Leadership along with Responses to Dynamic Market
Changes and Business Models

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--May 15, 2018--
Jabil (NYSE: JBL) today announced enhancements to its suite of
industry-leading procurement capabilities to help global organizations
minimize risk, optimize production and achieve cost leadership.
Additionally, the company introduced its new Radius Digital Strategy
Practice to assist customers in navigating complex digital
transformations while creating business value and brand differentiation.

“The digital transformation of manufacturing is causing a ripple effect
worldwide as companies struggle with demand and supply volatility,
including shifts in supply ecosystems and shortening product
lifecycles,” said Don Hnatyshin, SVP and chief supply chain and
procurement officer at Jabil. “Our ability to quickly and effectively
address these critical business challenges is bolstered by digital
supply chain and procurement capabilities that deliver much-needed
visibility, real-time intelligence and real-world actionable insights.”

According to a 2018
digital transformation survey by Dimensional Research of more than
300 manufacturing executives, the quickening pace of digital
transformation creates issues despite significant investments. While
most respondents reported increased funding for digital solutions,
nearly half of the survey participants acknowledge persistent challenges
due to inadequate digital expertise and mismatches between existing
toolsets and organizational capabilities.

Designing a Digital Future

To expedite customers’ digital journeys, Radius
Innovation and Development, a Jabil product ideation and development
business, has launched a new Digital Strategy Practice. Blending
creative, customer-centric insights with quantitative business analysis,
Radius answers the questions of “who, what, why, when and how” digital
strategies can benefit new or existing businesses. A cross-functional
team of experts evaluates various alternatives at any stage of a
company’s digital transformation.

“Our new Digital Strategy Practice guides customers through the constant
cycle of creating, monetizing and defending business value,” said
Heather Andrus, Senior Director of Strategic Development at Radius
Innovation and Development. “We can enable companies to evolve their
products and experiences by adding a digital component, build or expand
their digital ecosystems and explore opportunities to monetize Internet
of Things (IoT) data, while benefiting from cutting-edge solutions,
including advanced automation, 3D printing and machine learning.”

Procurement Solutions for the Digital Age

Effective procurement strategies are essential to delivering success in
the digital economy. Jabil’s Intelligent
Digital Supply Chain encompasses value-added procurement insights to
address spend visibility across the supplier ecosystem. With its Procurement
Intelligence Platform, for example, on-demand access to Jabil’s
global commodity management expertise can alleviate major sourcing
problems in the supply network, which is facing the tightest supply
conditions in over a decade. With hundreds of procurement experts around
the world, leveraging trusted relationships with more than 27,000
qualified suppliers, and a $15 billion-dollar plus spend, Jabil helps
customers win in the digital economy by balancing supply assurance and
price using advanced analytics and supply trend models.

“As the world’s first regenerative highway project, we are building
connected roadway reflectors designed to improve the health and safety
of transportation infrastructure across the US, and Radius is our
digital partner. By connecting previously analog reflectors and lights
through solar-powered sensors to the cloud, we are creating a platform
to make safer roads. Radius’ expertise has made it possible by assessing
feasibility and now architecting the digital hardware and software
components required to deliver on the vision.”

Jabil’s comprehensive design, manufacturing, supply chain and product management services leverage the power of over 200,000 people across 100 sites around the world, enabling innovation, growth and customer success in a broad range of industries. Simplifying Complexity. Delivering Value.